By Admin 
Gold price today: Every year, before the festive weather comes, the demand for gold across the country increases and its direct glimpse is seen in prices. This year too, the price of gold has been increasing continuously since the beginning of September. Gold is not only considered the safest means of investment but is also an asset to beat inflation. People usually buy 24 carat gold for investment, while 22 carats and 18 carat gold are mainly taken for jewelery.
Gold became expensive again
Today, on Wednesday 3 September 2025, 24 carat gold is getting Rs 1,06,970 per 10 grams in the country. At the same time, 22 carat gold is available at the rate of Rs 98,050 and 18 carat gold at the rate of Rs 80,230. That is, today the price of 24 carat gold has been recorded by Rs 880 per 10 grams as compared to one day earlier.
In the national capital Delhi, 24 carat gold is being sold at Rs 1,07,120, while 22 carat gold is being sold at the rate of Rs 98,200 and 18 carat gold at the rate of Rs 80,350. Similarly, 24 carat gold is available in Chennai, Mumbai, Kolkata, Bangalore, Hyderabad, Kerala, Pune, Nagpur and Bhubaneswar at Rs 1,06,970, 22 carat gold at Rs 98,050 and 18 carat gold at the rate of Rs 80,230 per 10 grams. Gold prices have risen before festivals and if the demand increases further, the prices can go up further in the coming days.
How are the rates fixed?
Gold and silver prices are fixed daily and many factors are responsible behind them. The biggest reason is exchange rate and dollar prices fluctuations. Since the prices of gold and silver are fixed in the US dollars in the international market, the prices of gold in India also change when the dollar-rupa exchange rate is changed. If the dollar is strong or the rupee is weak then gold becomes expensive in India.
The second major reason is customs and tax. India imports gold most of its needs. In such a situation, import duty, GST and other tax affect the final price of gold. Third, the status of international market is also important. Circumstances like war, economic recession or change in interest rates have a direct impact on gold prices globally. When uncertainty in the market increases, investors purchase gold as a safe option, which increases its price.
The social and cultural significance of gold in India also affects its price. The tradition of buying gold on marriage, festivals and auspicious occasions increases demand and due to this, gold prices often go up in the festive season.
Finally, inflation and investment approach also plays a role in fixing the price of gold. Gold is considered a better return option than inflation for a long time. When inflation increases or the stock market seems risky, then people prefer to invest in gold, which leads to speed in its prices.
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